Three Farmers, a company that produces various roasted bean and pulse snacks, just received a sizeable investment totalling $6.2 million between multiple investors including $3 million from Arlene Dickinson’s company, District Ventures Capital. The founded-on-the-Prairies company, led by three farmers and two sisters, embodies one vision that has been built from the ground up, quite… Read More
Category: Plant Based Protein
In an effort to strengthen local food supply chains and to capitalize on the ever-growing plant-based food industry, Protein Industries Canada announced their investment into the collaboration between the food and beverage company, Oat Canada and a global leader in plant-based ingredients, Roquette. The partnership will work towards creating new dairy-alternative products which utilize oat… Read More
Supply chain issues continue to cause disturbances as the U.S. IP soybean market has product but is finding it increasingly difficult to secure transportation to export to the countries with the highest demand. As Canadian producers are working to fulfill contracts around the world, producers south of the border are looking to do the same… Read More
A consortium of investment firms and plant protein industry stakeholders, including Protein Industries Canada, is looking to raise $200 million in equity capital to create a fund that will help finance plant-based food and ingredient processors. Led by Bellwoods Partners and Champlin Advisory, Protein Industries Canada (PIC) says the consortium will work with an advisory… Read More
Manitoba Harvest is partnering with a consortium of industry leaders through Protein Industries Canada (PIC) to develop new hemp and pea varieties with increased protein content, differential starch content, and improved texture. Manitoba Harvest will lend its expertise in food innovation, product development, and formulation, to improve the potency and functionality of hemp and pea… Read More
Protein Industries Canada (PIC) announced a co-investment into pea, canola, and blended pea-canola protein ingredients in new plant-based products. Merit Functional Foods, TWC Nutrition, Daiya Foods, and Grand River Foods are partnering to product the new plant-based products, which could include alternative meat products, alternative dairy products, or other beverages. “Adding value to our crops… Read More
After three years of operation, the Plant Protein Alliance of Alberta (PPAA) is shutting its doors. The organization’s goal was to “raise awareness and create connections to help realize the endless opportunities the plant protein and plant-ingredient industry offer Alberta,” but didn’t receive funding from the provincial government for the current fiscal year, and therefore… Read More
Pontus Protein Ltd., a Vancouver-based company founded in 2018, will be using an aquaponics system to grow water lentils as a source of plant-based protein. Water lentils, which are a part of the duckweed plant family, will be grown in a network of proprietary closed environment vertical aquaponics system farms, utilizing artificial intelligence, to produce… Read More
Protein Industries Canada (PIC) has announced a partnership that will develop and commercialize non-GM soybean protein ingredients. Canada Protein Ingredients Ltd (CPI), DJ Hendrick International, Agrocorp Processing, Semences Prograin, and Synthesis Network have partnered to produce high-quality soybean protein ingredients. The $27.3 million project will result in an innovative proprietary process to produce soybean ingredients… Read More
Lovingly Made Ingredients — the ingredient manufacturing division of European market leader, the Meatless Farm Company — is beginning production at their new 33,000 square foot Calgary-based facility. Using innovative ingredients, equipment, and processes, the company says they are positioned to help meet the increasing consumer demand and need to sustainably feed a growing population…. Read More